Banking

Small businesses: have a disaster recovery plan and the right insurance to protect it

Let's get down to business: hurricanes can cause extensive damage to property, inventory and supplies. With experts predicting an active hurricane season this year, it is more important than ever for business owners to develop a disaster recovery plan that includes having the right type and amount of coverage, according to the Insurance Information Institute (I.I.I.).

Too Big To Succeed The Financial Recovery bill, trying to control these institutions, attempts to cover too many complex issues in one bill. The legislation itself is too big to succeed. The bill has four key parts; reg...	Please Answer the Question A year and a half after the country came perilously close to economic collapse, average Americans are sitting up and taking notice of the debate in Washington over financial reform. No one wants anot...
Citi still threatened by actions in Spain Vikram Pandit, Citigroup CEO, said on Tuesday he was very proud of Citigroup Inc. first quarter 2010 net income of $4.4 billion; results welcomed by Wall Street, still smarting from fresh legal actio...	Banks on the accused bench A federal class action lawsuit in Miami could end up in millions of dollars getting refunded to consumers who paid billions for a controversial and costly overdraft protection service. A class action...
Maizel: Latin America could benefit from Obama’s proposals Luis Maizel, Managing Director of LM Capital Group in California speaks in an interview about his take on President Barack Obama’s plan to limit the size and investment activities from big banks. Mai...	Ausbanc wins first consumer compensation case against Citibank Spain for negligence Consumer advocacy group Ausbanc has won the first legal case against Citibank Spain for negligent and poor advice to a client in the selling of a financial product issued by Lehman Brothers, bankrupt ...
Florida regulators seek to stop bad debt collectors Federal regulators in Florida said that they would implement steps to deter abusive debt collector abuses, including simplifying the complaints process and increasing penalties. An article recently ...	FDIC’s Insurance Fund in the red The FDIC reported that its insurance fund that protects depositors fell below zero in the third quarter. Fifty banks failed in the quarter taking the fund down to negative $8.2 billion. In its regula...

Too Big To Succeed

Please Answer the Question

Citi still threatened by actions in Spain

Banks on the accused bench

Maizel: Latin America could benefit from Obama’s proposals

Ausbanc wins first consumer compensation case against Citibank Spain for negligence

Florida regulators seek to stop bad debt collectors

FDIC’s Insurance Fund in the red

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